Discontinued Operations

9 Months Ended

Sep. 30, 2013

Discontinued Operations And Disposal Groups [Abstract]

Discontinued Operations

14. DISCONTINUED OPERATIONS

As more fully described in Note 3, we sold our investment management business, CTIMCO, to an affiliate of Blackstone in December 2012. As a result, the income and expense items related to our investment management business have been reclassified to loss from discontinued operations on our consolidated statement of operations.

The following table provides additional information on the components of discontinued operations ($ in thousands):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013		2012
Servicing fees	$	—	$	2,206		$	—	$	5,591
Management fees from affiliates		—		1,546			—		4,741
Total revenues		—		3,752			—		10,332
General and administrative expenses		—		3,150			—		9,879
Income from discontinued operations before income taxes		—		602			—		453
Income tax provision		—		(550	)		—		(1,316	)
Income (loss) from discontinued operations	$	—	$	51		$	—	($	863	)